Hello every one!
Let's take a look at the world’s first decentralised investment trading market for cryptocurrencies. Coinvest offers us invest in multiple cryptocurrencies and index funds with one account, one wallet, and one coin. https://coinve.st/
Coinvest is intending to create a future where users will have one platform, one wallet, and one token (COIN), that enables anyone to create a digital investment portfolio to invest in multiple cryptocurrencies. This will significantly reduce the cost, risk, and complexity associated with investing in cryptocurrencies on centralised exchanges or investment funds. Centralised third parties that are more than often needed in traditional investment use cases are being replaced with smart contracts that will act as autonomous agents and programmatically compensate all users, investors, and owners within the entire Coinvest ecosystem.
Rating: 4/5 (Though there are similar initiatives there are some key differentiators which separates coinvest from its competition)
The team involves some of the most experienced of industry professionals and advisors . The Advisors include
Tony Scott: Formerly the CIO of the US Government, VMWare, Microsoft, and Disney
Pete Cashmore: Founder and CEO of Mashable
The team is led by Damon Nam and below lists the entire team with their roles
Damon Nam: Founder and Executive Director
Byron Levels: Technology Director
Taylor Rieckens: Business Development Director
Ramiro Galan: Creative Director
Umar Irshad: User Experience and Interface Director
Kevin Huynh: Analytics and Operations Director
Mark Ayad: Finance Director
Kim Huynh: Marketing Director
Ben Tossell: Community Director
Dexaran Derat: Blockchain Engineering
Robert Forster: Blockchain Engineering
Alexander Kravchenko: Engineering
Elena Chizhova: Engineering
Dmitriy Golovchenko: Engineering
Rating 4.5/5 (Excellent team)
How it works:
Investing in cryptocurrencies today is an extremely difficult and a intensive process. Exchanges require KYC authorization which can take hours (if not days) to validate. Coinvest legally bypasses the KYC process as there is no exchange in fiat currency, assets, and as the Coinvest smart contract is the custodian of your deposited funds.
Securely storing cryptonized assets is imperative but not trivial. Some coins and tokens have different standards and require different wallets. As a consumer, you have to choose between different wallet options (such as hot, cold, paper, etc.) depending on your risk appetite. Storing assets yourself is feasible for some; however, complicated and risk hacking and user-error. With Coinvest, there is no storage of investment assets as all portfolios are completely digital.
Prices in cryptocurrency can be extremely volatile. Acquiring assets at the wrong price and time can be the difference in gains or losses. There are currently limited investment options that empower users to execute flexible buying options such as shorting and price limit orders. Coinvest is one of the first in the industry to offer this functionality.
Unlike current exchanges, Coinvest offers index funds containing a portfolio of cryptonized assets related to components such as market capitalization, industry, etc. The index funds enable users the ability to invest without individually and actively purchasing assets themselves. Meanwhile, providing broad market exposure, low operating expenses, and low portfolio turnover.
There are currently no investment vehicles that enable investors to curate and invest in an index of cryptonized assets created by themselves. Current investment, index, and mutual funds are managed by third-party asset managers and offer no flexibility and control of the fund itself. Personal curated index funds on Coinvest empower users to control the assets, distribution percentages, rebalances, and withdrawals of their own individual fund.
Decentralization and Security.
Investing in cryptocurrencies require sending funds direct to an exchange or investment fund (which inherently creates centralization and high risk as they are the custodian of your funds). Coinvest does not accept any funds (fiat, cryptocurrency, etc.) or payments direct from users. User funds are held in escrow and controlled by the Coinvest autonomous bot (computer code) within a smart contract in the Coinvest protocol. Users can withdraw funds or close their positions at any time and obtain distributions automatically via the Coinvest smart contract. The Coinvest investment process requires no human involvement or interaction.
Rating 4/5 (Sound business model with great potential)
Comparison with competition :
This is where coinvest takes a clear lead with a sound business model and utility application.
Crowd sale/Token Distribution
60M Total tokens
Token Name : COIN
Token Value : 1 ETH = 300 COIN
Presale Cap 1.2M
Presale Bonus 50% (WOW)
Rating 4/5 (The total quantity is on the higher end but still acceptable and sees good returns)
Overall Rating : 4.25/5 (Subscribe to PreICO and get the bonus) Good for long term HODL and also for short term listing gains.
Situs Web : https://coinve.st/
YouTube : https://www.youtube.com/channel/UCX-pE6nXFg3uK2_cMQ5n6jA
Medium : https://medium.com/@CoinvestHQ
Twitter : https://twitter.com/coinvestHQ